IBM Reportedly planning acquisition of point-of-sale business Revel
IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
Branded payments company Recharge.com secures $35m Series B
Recharge.com, which has designed a selection of consumer-branded payments, has raised $35m in its Series B funding round.
Zwipe partners with Allcard to launch biometric cards in Philippines
Payment card manufacturer Zwipe has partnered with Allcard to launch a dual-interface biometric payment cards across the Philippines.
Divido takes $3.3m for instalment payments
Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.
Worldpay hits $43bn valuation in buyout by FinTech major FIS
Global payments business WorldPay has hit a $43bn valuation including debt by being bought out by New York-listed fintech major FIS.
Fattmerchant closes $5.5m funding round led by Fulcrum Equity
Payment solution provider Fattmerchant has closed a $5.5m round of funding, from Fulcrum Equity Partners.
Finix announces $17.5m Series A round led by Bain Capital Ventures
With its new capital injection, payment services startup Finix is set to challenge the likes of Stripe and Square.
Lunar Way selects Nets to support its payments
Danish challenger bank Lunar Way has selected Nets to deliver all its payment services.
Viva Republica hits $2.2bn valuation after closing a $64m Series F round
The South Korean developer of mobile finance platform toss has closed a $64m Series F round. This brings Viva Republica’s valuation past the $2.2bn valuation mark.
Trinity Capital backs Kafene with $15m, fuelling expansion in point-of-sale solutions
Trinity Capital, a notable player in the provision of diversified financial solutions, has invested $15m in growth capital to Kafene.